Sulphur cap countdown

With 2020 rapidly approaching, much of the shipping industry is trying to ascertain what the International Maritime Organisation's 2020 sulphur cap means for them. As one of the most important regulations to ever hit the maritime world, it will have an impact across the shipping ecosystem, from boardrooms to engine rooms and brokers to seafarers. Given the scale of the impact, many stakeholders are worried about what it means for their business, while some are also anticipating it could deliver them bumper profits. The Fairplay team will be tracking the key developments as we approach 2020, highlighting the risks and opportunities of this momentus change for our industry.  

News & Analysis

A bunkering operation
21 Nov 2018
Shipowners vow to regroup after fuel compliance proposal fails to gain traction.
20 Nov 2018
As a decision nears on how the Baltic Exchange will handle IMO 2020 and index changes loom, some of the largest participants in the freight derivatives market are crying foul.
A city’s polluted skyline
19 Nov 2018
According to the most recent figures, some USD23 trillion of professionally managed assets now use ESG or other responsible investment strategies.
Wah Kwong chief executive David Palmer
19 Nov 2018
The commercial impact of the IMO regulations need to be considered rather than the technical challenges, one shipowner told Fairplay.
MPC’s AS Laetitia
15 Nov 2018
MPC has placed firm orders for five units from an unnamed supplier for installation prior to the implementation of the global 0.5% sulphur cap on marine fuels on 1 January 2020.

Commentary

As the 2020 sulphur cap nears, access to credit could be the crunch point for shipowners.